Luxury is no longer a sector associated with older people, according to a recent market research study presented by Bain & Company at the Worldwide Market Monitor during Osservatorio Altagamma. The yearly event provides in-depth analysis on the sector, delivering an up-to-date snapshot of the health of the global luxury market.
Category: "Create Value"
Forget the link between “outlet” and “downgrade”.
According to outlet colossus Value Retail, the large number of outlet villages offering high-end clothes and accessories at heavily discounted prices can become important allies for the luxury sector and do more than just supply the convenience factor.
By offering customers a unique and highly polished shopping experience. Take Value Retail outlet villages, for example – they all adhere to strict standards in terms of the aesthetics of the communal areas and the way each individual luxury store is set out.
There is plenty of Italian influence at the top of the biggest companies in the world of luxury.
According to a recent report published in the online edition of Il Sole 24 Ore, Italian management talent is taking the foreign markets by storm, successfully taking control of the most prestigious high-end brands and organisations around.
According to the latest research by Deloitte, reported by the Il Sole 24 Ore business publication, Italy is still the global leader when it comes to the production and sale of high-end products.
Products by the leading brands, enviable market positioning (its best-known store is in central Milan with views over the Duomo), on-trend accessories, exclusive capsule collections, unique collaborations with the most prestigious designers and an array of display areas guaranteeing an elite shopping experience.
7 teams selected within 75 groups, 7 luxury business projects identified as the most inspiring and pioneering ideas from the ones submitted by 33 Business Schools, 7 pitches presented in front of an International jury. This is the wonderful experience that we lived in the fanciest city of the world, Monte Carlo, which hosted the Grand Final of “The Mark Challenge 2017”.
The truth of the matter is that luxury targets and exploits our inner, most buried desire to own something that expresses and signifies a certain level of self-worth set upon by our very selves. At the beginning of our week-long exploration into the Luxury Management MBA Boot Camp, Professor Alessandro Brun conveyed this loud and clear; reminding us that perception is everything and value is what makes it.
If you have the privilege of forming part of a very special mailing list, a truly unique message will land in your inbox at a particular time every day. It will be a fresh, inspiring quote direct from the Financial Times that Franco Quillico, Professor of Banking and Finance at MIP, has selected, summarised and shared with you.
What shape does real wealth take in the world today?
It lies in being able to manage your own time and dovetail all of your work and personal commitments so that you can make the most of every second of the day.
Italy has finally rediscovered its A game in the market sectors it’s always excelled in – fashion, luxury, design and food. Meanwhile, its cities are flourishing once again, its labour market is on the up and its most prestigious business schools are ready to open their doors to the most ambitious international talents looking for the best the market has to offer.